Working firefighters will earn less from their pensions than their retired peers because the city will spend less on those plans. Before city commissioners unanimously approved a new pension plan on Feb. 19, retired firefighters could have gotten payments comparable to $72,000 a year. But the new plan caps pension payments at $95,000 for lifetime for firefighters who have yet to retire.
– PUB DATE: 3/11/2019 12:00:00 AM – SOURCE: Palm Beach Post
Source: SEAFC National Fire News

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